Yancey County Farm Bureau Inc
- Assets
- $310.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Burnsville, NC
- Founding
- 02/1973
- Data as of
- 12/2023
- EIN
- 56-0942370
Organization Overview
Yancey County Farm Bureau Inc is located in Burnsville, NC. The organization was established in 1973. According to its NTEE Classification (K28) the organization is classified as: Farm Bureaus & Granges, under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Yancey County Farm Bureau Inc is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2023, Yancey County Farm Bureau Inc generated $100.5k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $94.4k during the year ending 12/2023. While expenses have increased by 1.9% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin Wilson Member-Bod | 0.3 | $0 | |
William H Buckner Jr Member-Bod | 0.3 | $0 | |
David Duncan Member-Bod | 0.3 | $0 | |
Edwin Fortner President | 0.3 | $0 | |
Jerry Laws V-President | 0.3 | $0 | |
James Evans Member-Bod | 0.3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $71,100 |
| Investment income | $29,377 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $100,477 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $550 |
| Occupancy, rent, utilities, and maintenance | $976 |
| Printing, publications, postage, and shipping | $404 |
| Other expenses | $91,941 |
| Total expenses | $94,371 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $248,145 |
| Other assets | $0 |
| Total assets | $310,151 |
| Total liabilities | $0 |
| Net assets or fund balances | $310,151 |